>>5810746>those music producers are milking those dumb bitchesHaha, this is a numbers thread anon, how the fuck you are commenting as if it could be gotten for cheap when the cost is well known across the history.
>Currently, the statutory mechanical royalty rate for physical formats (CDs, cassettes, LPs) and permanent digital downloads (e.g. iTunes) is 9.1¢ for songs 5 Minutes or less or 1.75¢ per minute or fraction thereof for songs over 5 Minutes.Meaning 91 dollaridoos per 1000 CDs or digital downloads sold per song.
For streaming (Spotify, YouTube, etc)
>The rates for interactive streams (e.g. Spotify) and limited downloads (e.g. offline mode) are determined by a formula that takes into account the service type, license type, whether or not it's ad-supported, amounts paid to labels, and other factors.>Spotify’s rate comes out to about $0.0007 per stream. Meaning a cover getting 1M listens will set one back in compulsory licensing alone 700 bucks at the lowest rate in the market.
That doesn’t apply if you make a MV because you then need a second “synchronization license” whose cost is at the discretion of the owner of the original song.
That’s just for covering a song that someone else already made. An original song made by someone else will cost you a whole more than that in production cost and the producers will obviously ask for a share of the revenue.
Specialized work costs money because there is an unlimited amount of demand for it but only a few talented people capable of doing a good job
